Secure a prosperous future with this outstanding investment opportunity. Three brick townhouses and an original weatherboard home, currently configured as three separately metred flats, are consolidated under one title. The property spans a bumper 1195sqm block with an approximate 17.3m frontage and R3 Medium Density Residential zoning, laying the foundation for a myriad of exciting possibilities.
This once in a lifetime opportunity guarantees a rewarding addition to your investment portfolio or consider increasing its value through renovations that could boost the rental income. Alternatively, explore the potential for individual strata title subdivision or even future redevelopment, all contingent upon council approval.
Nestled in a super convenient location literally a stone's throw from Jesmond Central shopping centre, the University of Newcastle, and the new section of the inner-city bypass allowing an almost instant trip to John Hunter Hospital and beyond, this investment gem, is your key to a prosperous and secure future.
- Six units on one title
- At the rear of the block, 2 x 2- bed townhouses, 1 x 3 bed townhouse each with one bathroom and extra w/c plus single garage
- Weatherboard home at front configured as 2 x 2 bed units, 1x 1 bed units – separately metred
- Large open communal area provides extra off-street parking
* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Property ID: #1P6147
